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Palm Beach Money

Tag: correction waiting in the wings

Having a country component added to your portfolio can be rewarding. Take Japan, for instance. Their market has been on a tear with some funds up over 100 percent in the past year. And then it happened—as it always and eventually does— things changed.

Over the past seven months, Japan’s Nikkei Index has been up about 80 percent. Then on Thursday, in one single day, it fell 7.3 percent. That’s the worst one-day drop for that index since the country suffered a horrific earthquake in March 2011.

That said, if a sizable one day drop is enough to scare you out of a [More]